May 09, 2025, 07:24 am ET, BY Quentin W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for XBI
- Buy XBI near 77.08 target 85.47 stop loss @ 76.86 Details
The technical summary data tells us to buy XBI near 77.08 with an upside target of 85.47. This data also tells us to set a stop loss @ 76.86 to protect against excessive loss in case the stock begins to move against the trade. 77.08 is the first level of support below 78.23 , and by rule, any test of support is a buy signal. In this case, support 77.08 would be being tested, so a buy signal would exist.
- Short XBI slightly under 85.47, target 77.08, stop loss @ 85.72 Details
The technical…
May 09 2025
